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A study in Illinois in the mid-1990s found that 65 percent of businesses were hurt by the proximity of gambling

John Warren Kindt

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John Warren Kindt
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More quotes by John Warren Kindt

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Gambling is a catalyst for economic downturn
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For every slot machine you add, you lose one job per year from the consumer economy
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We beat the Great Depression without lotteries and legalized gambling
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You bring in gambling into a major population base, and the more people you have going into a casino, the more people you have hooked on gambling
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While gambling addiction can be a social justice reason for some to ban gambling, the economic evidence suggests that the social and economic costs of gambling are $3 to the taxpayers for every $1 in benefits
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Legalized gambling cost taxpayers $3 for every $1 in state revenue to government
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If you want your 401k to come back, recriminalize gambling
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When governments legalize and encourage gambling, they are creating addictions among their citizens
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What we really need is a federal intervention plan, which calls for a moratorium on gambling in the U.S.
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The real loss by gambling is $180,000 to the consumer economy for each slot machine
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The socio-economic impact of gambling addiction is comparable to drug and alcohol addiction
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Legalized gambling is the leading cause of bankruptcy
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Actually, they should just roll it all back get rid of gambling...It destabilizes the U.S. economy
John Warren Kindt
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Lotteries boost state revenues in the short run but don't feed the economy in the long run
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Bankruptcies increase 18 percent to 42 percent above the national average
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The faster the gambling activity, the more highly addictive it is and the more addictive the gambling activity is, the more revenue it will generate for the industry
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Another threat to stability is the rise of Internet gambling
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The casinos are walking out of states with at least $1 billion in their pockets to Las Vegas
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It is not economic development it's about taking money out of the consumer economy and shipping it off to Las Vegas
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27 percent to 55 percent of casino revenues come from problem or pathological gamblers
John Warren Kindt